New Delhi, Sept. 4 (PTI): India's coffee exports is likely to fall by up to 18,000 tons in the current season ending September 2007 as compared to last year, owing to lower output coupled with appreciating rupee, an industry body said.
"We do not expect much shipment in the month of September. The final export figure for the current coffee year would be 16,000-18,000 tons less than last year," Coffee Exporters' Association Chairman Ramesh Rajah told PTI.
India exported 2.36 lakh tons of coffee during 2005-06 season. Coffee year runs from October to September.
According to the Coffee Board's data, the exports during October-August of 2006-07 season is estimated at nearly 2.11 lakh tons (worth Rs 1,776 crores), down 6 per cent from the previous year's 2.24 lakh tons (Rs 1,704 crores).
Rajah attributed the fall in exports volume to lower production and appreciating rupee against dollar.